Overview

• President Trump reposted a Commonwealth Project video on Truth Social promoting hemp-derived CBD for seniors and calling Medicare coverage the “most important senior health initiative of the century.”
• Premarket gains followed the post, with Canopy Growth and Tilray Brands up about 20% and Cronos Group and Aurora Cannabis higher by roughly 13%, while the MSOS ETF indicated a rise of about 20%.
• Reuters noted the ETF is on pace for a roughly 70% quarterly gain, underscoring how policy signals are driving a rebound in cannabis-linked assets.
• In August, Trump said his administration was looking at reclassifying marijuana, and analysts say such a move could lift the Section 280E tax burden and potentially open U.S. exchange listings to cannabis firms.
• The video includes advocacy claims, including a Fox News clip citing $64 billion in annual healthcare savings from full cannabis integration, while Medicare does not currently cover CBD products.